Al Baraka Bank Egypt (CAI:SAUD) Cash-to-Debt : 6.26 (As of Sep. 2023)

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What is Al Baraka Bank Egypt Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Al Baraka Bank Egypt's cash to debt ratio for the quarter that ended in Sep. 2023 was 6.26.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Al Baraka Bank Egypt could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for Al Baraka Bank Egypt's Cash-to-Debt or its related term are showing as below:

CAI:SAUD' s Cash-to-Debt Range Over the Past 10 Years
Min: 6.26 Med: 19.39 Max: 35.02
Current: 6.26

During the past 13 years, Al Baraka Bank Egypt's highest Cash to Debt Ratio was 35.02. The lowest was 6.26. And the median was 19.39.

CAI:SAUD's Cash-to-Debt is ranked better than
83.16% of 1437 companies
in the Banks industry
Industry Median: 1.29 vs CAI:SAUD: 6.26

Al Baraka Bank Egypt Cash-to-Debt Historical Data

The historical data trend for Al Baraka Bank Egypt's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Al Baraka Bank Egypt Cash-to-Debt Chart

Al Baraka Bank Egypt Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

Get a 7-Day Free Trial

N/A

28.49

19.39

35.02

15.58

Al Baraka Bank Egypt Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															N/A	15.58	16.76	9.94	6.26

Competitive Comparison of Al Baraka Bank Egypt's Cash-to-Debt

For the Banks - Regional subindustry, Al Baraka Bank Egypt's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Al Baraka Bank Egypt's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Al Baraka Bank Egypt's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Al Baraka Bank Egypt's Cash-to-Debt falls into.

Al Baraka Bank Egypt Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Al Baraka Bank Egypt's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	17532.382	/	(0	+	1125.168)
	=	15.58

Al Baraka Bank Egypt's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	14538.509	/	(0	+	2321.337)
	=	6.26

Al Baraka Bank Egypt (CAI:SAUD) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Al Baraka Bank Egypt Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Al Baraka Bank Egypt's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Al Baraka Bank Egypt (CAI:SAUD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Al Baraka Bank Egypt (CAI:SAUD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot 29, Road 90, P.O. Box 84, City Center, First Sector, 5th Settlement, New Cairo, EGY

Website

http://www.albaraka-bank.com.eg

Al Baraka Bank Egypt operates as an Islamic bank. It provides banking, commercial, financial and investment services. Geographically, it derives a majority of revenue from Greater Cairo. The Bank provides direct financing to companies and institutions that enjoy high creditworthiness, and participates in the syndicated loans of economically feasible large projects that provide employment opportunities as well as contributes to the finance of small and medium enterprises. Its products and services include trade finance such as open account, payment guarantee, vostro accounts, and various investment funds scheme.

Al Baraka Bank Egypt (CAI:SAUD) Headlines

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